In-Person Seminar

Contract and Procurement Fraud

  • Aug 22-23, 2022
  • Washington, DC
Course Level
Overview
Delivered via
In-Person
CPE
16

Description

*Contract and Procurement Fraud Workshop optional 1-day course. Register for both events and SAVE.

The rise in contract management and the outsourcing of goods and services has created an increase in procurement fraud, which can occur at any stage of the contracting and procurement process. Appropriate controls, fraud prevention strategies and proper tendering processes are necessary in the fight against this fraud. This 2-day course will teach you the best practices for preventing, detecting and investigating contract and procurement fraud.

Organizations can be defrauded through collusion among bidders, between employers and contractors, and by sole procurement employees. Consequently, you need to be aware of the vulnerabilities and risks associated with fraud schemes that attack the purchasing, procurement and contract functions. Acquire the knowledge, skills and techniques you need to prevent, detect and deter these devastating frauds.

Prerequisites

None

You Will Learn How To:

Determine if a procurement scheme violates legal statutes or civil laws.

Identify the red flags of bribery and corruption.

Recognize bid-rigging and market-allocation schemes.

Reduce the risk of vendor fraud.

Develop an investigation plan to respond to suspected procurement fraud.

Location & Venue

Event Venue

Washington Plaza
10 Thomas Circle NW Washington, DC 20005

Hotel Information

Hotel Phone: (800) 424-1140 or +1 (202) 842-1300
Room Rate: $119 single
Hotel Cut-Off: June 22, 2022

CPE Information

CPE Credit: 16
Advanced Preparation: None
Delivery Method: In Person

Credit by Field of Study

Specialized Knowledge: 16

Registration & Fees

Registration Fee:
ACFE Members: $795
Non-Members: $995
Early Registration Deadline: July 22, 2022
Register by the Early Registration Deadline to SAVE $100!

Course Outline

Day 1

  • 9:35 a.m. - 10:55 a.m.: Legal Elements of Procurement Fraud

    If you discover a procurement scheme, how do you know if it is illegal? Has the perpetrator committed a crime? Discuss the legal statutes that are most commonly used to prosecute procurement schemes. You will also learn what civil laws may allow for litigation directly against the perpetrator and how qui tam actions may be pursued.

  • 11:10 a.m. - 12:30 p.m.: Bribery and Corruption

    Unfortunately, the payment of bribes and kickbacks occurs more often than you might think. But although they are common, they are often hard to detect and prove. Discover the most common types of corruption schemes and provide insight into how to catch them.

Day 2

  • 9:35 a.m. - 10:55 a.m.: Performance Schemes

    Once the contractor begins performing the work, a whole host of new fraud schemes open up. This session will cover schemes involving defective pricing and non-conforming goods and services.

  • 11:10 a.m. - 12:30 p.m.: Vendor Management

    Organizations need to take specific steps to reduce the risk of vendor fraud. This section covers vendor due diligence, managing via contracts, conflicts of interest and right to audit.

  • 1:30 p.m. - 2:50 p.m.: Detection and Prevention

    Procurement schemes can be difficult to detect and prevent, partly because these schemes can take on various forms, occur in any stage of the procurement process and tend to take place over a long period. Examine ways to detect the schemes and also tailor proactive procurement fraud detection and prevention programs to the specific risks within an organization.

Presenter

Tom Caulfield, CFE, CIG, CIGI -

Tom Caulfield

Chief Operating Officer
Procurement Integrity Consulting Services

 

Policies

Payment must be received by July 22, 2022 to receive early registration discount. 

Event Cancellation Policy

Our cancellation policy is intended to keep costs low for attendees. Due to financial obligations incurred by ACFE, Inc. you must cancel your registration prior to the start of the event. Cancellations received less than 14 calendar days prior to an event start date are subject to a $100 administrative fee. No refunds or credits will be given for cancellations received on or after the start date of the event. Those who do not cancel and do not attend are responsible for the full registration fee. Should an event be cancelled or postponed by the ACFE due to unforeseen circumstances, ACFE will process a full refund of registration fees within 30 days of such circumstances becoming known. ACFE will attempt to notify affected customers by phone and email after it determines cancellation is necessary.

Satisfaction Guarantee

ACFE seminars are unmatched in scope and effectiveness and backed by our unconditional satisfaction guarantee. If you attend an ACFE event and are not completely satisfied, please contact an ACFE Member Services Representative at MemberServices@ACFE.com or call (800) 245-3321 / +1 (512) 478-9000.

Terms and Conditions

 


nasba-events-tos-image The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.